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Lisa Co. paid cash for all of the voting common stock of Victoria Corp. Victoria will continue to exist as a separate corporation. Entries for
Lisa Co. paid cash for all of the voting common stock of Victoria Corp. Victoria will continue to exist as a separate corporation. Entries for the consolidation of Lisa and Victoria would be recorded in:
Multiple Choice
- A worksheet.
- Lisa's general journal.
- Victoria's general journal.
- Victoria's secret consolidation journal.
- The general journals of both companies.
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